(The following statement was released by the rating agency)
NEW YORK, January 23 (Fitch) Fitch Ratings has affirmed The
Toronto-Dominion
Bank's (TD) Long and Short-term Issuer Default Ratings (IDRs) at
'AA-' and 'F1+'
respectively. The Rating Outlook is Stable.
This rating action follows a periodic review of the Canadian
Banking sector.
Fitch will publish the main findings of this review in a report
'Canadian Banks:
Nearing a Tipping Point' available at www.fitchratings.com
KEY RATING DRIVE

TORONTO, Dec 4 - Canada's main stock index opened
lower as Toronto-Dominion Bank dropped after the
lender's quarterly results disappointed the market and offset a
surge in Enbridge Inc after the pipeline company
announced restructuring plans and a dividend increase.

TORONTO - Toronto-Dominion Bank reported a weaker-than-expected fourth-quarter profit on Thursday, even as its revenue and earnings rose, and said it expects a more challenging operating environment in 2015.

TORONTO, Dec 4 - Toronto-Dominion Bank reported a
weaker-than-expected fourth-quarter profit on Thursday, even as
its revenue and earnings rose, and said it expects a more
challenging operating environment in 2015.

TORONTO - Toronto-Dominion Bank agreed to pay more than C$13.5 million ($11.9 million) in compensation to clients and C$650,000 to Canada's top securities regulator to settle allegations that some units charged excess fees, the regulator said on Thursday.

TORONTO, Nov 13 - Toronto-Dominion Bank
agreed to pay more than C$13.5 million ($11.9 million) in
compensation to clients and C$650,000 to Canada's top securities
regulator to settle allegations that some units charged excess
fees, the regulator said on Thursday.